OMO Retail, an independent Spanish fund manager specialising in the tertiary retail sector, has acquired a 14,500 sqm plot of land in Utrera, Seville, to develop a new retail park. The project represents an investment of close to €8 million.
The park will have more than 200 parking spaces and a commercial mix made up of restaurants, sports, pets, textiles and others, as well as Díaz Cadenas food and a McDonald's restaurant, both of which are already located in the same commercial area.
This new project joins those currently under development, such as OMO Arroyomolinos Park, OMO Gymrest Guadalajara and Medianas Restauración Vicálvaro, all of which are under construction.